Excerpts from Kunstler's forecast are below. The whole column is at the link.
Kunstler: Forecast 2018 — What Could Go Wrong?
Russia can only benefit from steering clear of war, though its recent offer to act as an intermediary between Kim and Trump was a smart move. (Maybe they remember how Teddy Roosevelt negotiated a peace settlement in the Russo-Japanese War of 1907.) They have little to lose and prestige to gain. Despite what you hear about the unholy thuggery of Vladimir Putin, it seems to me that what he wants most of all for his country is to attain the condition of a politically and economically normal nation — after the 75-year-long misadventure with communism. I suspect Putin and others in Russia would have liked the country to become more fully Europeanized in tone and style than it has been allowed to be, with NATO playing war games on Russia’s border, and US monkeyshines in Ukraine, and sanctions against it for really no good reason. So, Russia has been shoved back into its cubbyhole as a nation not quite of Europe, with sinister Byzantine overtones and ancient exotic Mongol influences.
This quasi-isolation has some benefits for Russia, for one, the imperative to develop businesses and industries for import-replacement, that is, for becoming more self-sufficient. Russia has a lot to work worth, with the world’s highest oil production, lots of ores and minerals, untold hydropower, and endless timber. It can make its own stuff, and Russian citizens are free to try starting businesses. The country may even benefit from climate change with expanded croplands. Russia is already approaching food self-sufficiency after the long catastrophe of soviet farm collectivization.
Meanwhile, Europe desperately needs Russia’s oil and natural gas, so they must know that using NATO troops and armor to make threats is a hollow gesture. Notice that Russia is stockpiling gold reserves, where the USA is just selling the stuff off. (China is stockpiling, too. Like mad.) When other currencies implode, there is reason to believe the world will be introduced to a gold-backed Ruble and Yuan, “money” backed by money. They’ll be able to buy stuff they need. Will we? Will a gold-backed currency shove aside the US dollar as world reserve currency? The precursor to that will be China’s effort to establish oil trade in its Yuan.
Europe has stumbled along economically for several years on Mario Draghi’s promise to “do whatever it takes” to keep the EU’s member nations from falling into the black hole of debt deflation, namely, buying every bond that the sovereign governments and corporations issue. That kept the game going, but the structural imbalances in EU banking are now so extreme that it is hard to see a way out besides an EU crackup. The Merkel-led immigration-and-refugee policy looked like a bad bet from the get-go and is liable to get worse when the whatever-it-takes liquidity dries up and the EU member countries fall into recession (or depression) and there’s no more money to pay for all those refugee settlement centers and the social services that have been provided. There won’t be enough gainful employment for Germans, Belgians, Frenchmen, and Swedes, let alone for immigrants and refugees.
[...]
As it happens, higher education is approaching its own state of implosion, since college has become, most of all, a money-grubbing racket tuned to the flow of exorbitant student loans for exorbitant college costs. Higher Ed’s fate is tied to the financial sector, especially the bond market, since college loans are lately being bundled into janky bonds just like the NINJA mortgages of 2007 were. The entire US college industry has been in a hypertrophic blow-off for decades, and the gross expansion of facilities, programs, and costs has developedan inverse relationship to the value of a college education. I predict that a shocking number of small four-year colleges will go out of business this year. Students who had not completed their degree requirements will just be shit out of luck.
[Note: See the Wikipedia category Educational institutions by year of disestablishment. E.g., St. Gregory's University.--P.Z.]
Concluding Thoughts
2018 will be a tumultuous year of shake-outs and loss. The watchword for the year should be “lean.” Individuals will be shoved into leaner modes of living. Companies will suffer despite the new lower tax. Financial rewards will be lean. Nations will have to seriously start planning to get by on less, to downscale, and jettison programs that don’t jibe with the mandates of reality. 2018 is the year that the world comes un-stuck from the past ten years of pretending that it’s possible to get something for nothing. For 2018, it’s full speed ahead into the long emergency.
Showing posts with label academia. Show all posts
Showing posts with label academia. Show all posts
Monday, January 01, 2018
Friday, July 14, 2017
Kunstler's Columns This Week
Lately, Kunstler has taken on the country's intellectual/chattering classes. To him, not only are they concerned with the wrong things, they try to narrow debate. Of course, I disagree with Kunstler's stances on gender and race relations. (He seems to think gender-variance is an example of modern decadence. But examples of such occur throughout history: Here. And Hawaii's own mahu phenomenon.) He is strongest on the importance of (cheap) energy to running modern civilization.
Kunstler: We're Good People, Really We Are!
The disgrace of America’s putative intellectual class is nearly complete as it shoves the polity further into dysfunction and toward collapse. These are the people Nassim Taleb refers to as “intellectuals-yet-idiots.” Big questions loom over this dynamic: How did the thinking class of America sink into this slough of thoughtlessness? And why – what is motivating them?
One path to understanding it can be found in this sober essay by Neal Devers, The Overton Bubble, published two years ago on TheFuturePrimaeval.net — a friend turned me on to it the other day (dunno how I missed it). The title is a reference to the phenomenon known as the Overton Window. Wikipedia summarizes it:
Devers refines the definition:
This raises another question: who exactly is in this corps of “respectable people” who set the parameters of acceptable thought? Primarily, the mainstream media — The New York Times, The WashPo, CNN, etc. — plus the bureaucratic functionaries of the permanent government bureaucracy, a.k.a. the Deep State, who make and execute policy, along with the universities which educate the “respectable people” (the thinking class) into the prevailing dogmas and shibboleths of the day, and finally the think tanks and foundations that pay professional “experts” to retail their ideas.
...
Here is an alternative list of matters [the thinking classes] are not generally concerned about or interested in:
•The energy quandary at the heart of our economic malaise.
•The enormous debt racked up to run society in the absence of affordable energy inputs.
•The dangerous interventions and manipulation in markets by unelected officials of the Federal Reserve.
•The extraordinary dysfunction of manipulated financial markets.
•The fragility of a banking system based on accounting fraud.
•The dysfunction and fragility of the American suburban living arrangement.
•The consequences of a catastrophic breakdown in the economy due to the above.
•The destruction of planetary ecology, threatening the continuation of the human race, and potentially all life.
More here.
and
(Note that I don't share his general pessimism.)
Kunstler: Holy Hell.
The abiding enigma of this tormented era remains: why has the thinking class of America abandoned thinking? The answer is: it’s the reaction to their own failure. Failure to do what? To produce the utopia that Gnostic liberalism promised — a perfect world based on altering human nature.
The result is an essentially religious hysteria, like the witch frenzies of Medieval Europe that were sometimes provoked by ergot poisoning — a fungus with toxic psychotropic properties that grew on the harvested rye, inducing frightful hallucinations in the villagers, who then lashed out at their perceived supernatural antagonists. Trump in our time is the ergot on the bread of our politics. And Russia is the witch.
Like other operations of the human mind, this collective fugue-state has a big subconscious module in it: the deep, poorly articulated fear that the signal notion of Progress behind progressive politics in the industrial era has reached a dead end. The world is clearly not becoming a better place, but rather reeling into disorder and ecological crisis, despite all the rational programs and politics of modern democracy, and political failure is everywhere.
More here.
Kunstler: We're Good People, Really We Are!
The disgrace of America’s putative intellectual class is nearly complete as it shoves the polity further into dysfunction and toward collapse. These are the people Nassim Taleb refers to as “intellectuals-yet-idiots.” Big questions loom over this dynamic: How did the thinking class of America sink into this slough of thoughtlessness? And why – what is motivating them?
One path to understanding it can be found in this sober essay by Neal Devers, The Overton Bubble, published two years ago on TheFuturePrimaeval.net — a friend turned me on to it the other day (dunno how I missed it). The title is a reference to the phenomenon known as the Overton Window. Wikipedia summarizes it:
The Overton Window, also known as the window of discourse, is the range of ideas the public will accept…. The term is derived from its originator, Joseph P. Overton (1960–2003), a former vice president of the Mackinac Center for Public Policy….
Devers refines the definition:
The Overton Window is a concept in political sociology referring to the range of acceptable opinions that can be held by respectable people. “Respectable” of course means that the subject can be integrated with polite society. Respectability is a strong precondition on the ability to have open influence in the mainstream.
This raises another question: who exactly is in this corps of “respectable people” who set the parameters of acceptable thought? Primarily, the mainstream media — The New York Times, The WashPo, CNN, etc. — plus the bureaucratic functionaries of the permanent government bureaucracy, a.k.a. the Deep State, who make and execute policy, along with the universities which educate the “respectable people” (the thinking class) into the prevailing dogmas and shibboleths of the day, and finally the think tanks and foundations that pay professional “experts” to retail their ideas.
...
Here is an alternative list of matters [the thinking classes] are not generally concerned about or interested in:
•The energy quandary at the heart of our economic malaise.
•The enormous debt racked up to run society in the absence of affordable energy inputs.
•The dangerous interventions and manipulation in markets by unelected officials of the Federal Reserve.
•The extraordinary dysfunction of manipulated financial markets.
•The fragility of a banking system based on accounting fraud.
•The dysfunction and fragility of the American suburban living arrangement.
•The consequences of a catastrophic breakdown in the economy due to the above.
•The destruction of planetary ecology, threatening the continuation of the human race, and potentially all life.
More here.
and
(Note that I don't share his general pessimism.)
Kunstler: Holy Hell.
The abiding enigma of this tormented era remains: why has the thinking class of America abandoned thinking? The answer is: it’s the reaction to their own failure. Failure to do what? To produce the utopia that Gnostic liberalism promised — a perfect world based on altering human nature.
The result is an essentially religious hysteria, like the witch frenzies of Medieval Europe that were sometimes provoked by ergot poisoning — a fungus with toxic psychotropic properties that grew on the harvested rye, inducing frightful hallucinations in the villagers, who then lashed out at their perceived supernatural antagonists. Trump in our time is the ergot on the bread of our politics. And Russia is the witch.
Like other operations of the human mind, this collective fugue-state has a big subconscious module in it: the deep, poorly articulated fear that the signal notion of Progress behind progressive politics in the industrial era has reached a dead end. The world is clearly not becoming a better place, but rather reeling into disorder and ecological crisis, despite all the rational programs and politics of modern democracy, and political failure is everywhere.
More here.
Friday, June 02, 2017
Kunstler: The So-Called Resistance and Covfefe Land
This week (Monday and today), Kunstler posted two columns about the anti-Trump Resistance movement. He finds both the Resistance and the pro-Trump movements severely lacking in what it takes to deal with the real problem: a contracting economy due in part to oil scarcity.
Kunstler: The So-Called Resistance.
Kunstler: Covfefe Land.
Kunstler: The So-Called Resistance.
Entropy never sleeps. It works remorselessly to transform things of value into useless, dissipated waste and heat. Complexity stokes it especially as the law of diminishing returns multiplies the wheels of futility spinning down to zero. Hence, the intellectual decay of American life in which spin is everything, anything goes, and nothing matters.
The latest manifestation of this dynamic is the curious movement that styles itself The Resistance, lately adopted by the grotesque handmaiden of the Deep State that the Democratic Party became in the regency of Hillary Clinton. Its mission is to undo the results of the last national election by claiming that Russia undid it. It pretends to seek the restoration of something — but what? Of dissipated power relations within the Deep State itself?
President Trump is actually taking care of that by turning government management over to his generals and the minions of Goldman Sachs. The generals are reinvesting in the strategic black hole of our military adventures overseas. The Goldman Sachs appointees are making Wall Street safe for the continued asset-stripping of the USA. The last time I checked, Hillary’s gang did not oppose either of these endeavors.
Kunstler: Covfefe Land.
The extraordinary thought disorders of this moment in history are equally distributed across the political spectrum. They’re an inevitable product of what Sigmund Freud identified as the discontents of civilization, but they grow especially acute as that civilization enters an economic crack-up zone. The craziness is equally distributed while the nation’s wealth is not. The old middle, or center, is imploding both economically and psychologically, concentrating distortions of reality at each end, Left and Right.
The disordered thought in Trumpism is as self-evident as (a) covfefe, though it came into being out of the authentic pain of those classes that bear the brunt of accelerating collapse. The thought disorders among Trump’s adversaries interest me more, because they emanate from the far more educated ranks of society, the place where rational leadership is supposed to spawn. If you can’t depend on those people to think straight in difficult times, then it raises the question of what exactly is the value of an advanced education?
Friday, May 26, 2017
Kunstler: No Exit.
Kunstler: No Exit.
A most curious feature in the current low state of American politics is the delusional thinking at both ends of the political spectrum. Both factions have gone off the rails mentally, and the parties they represent race toward oblivion like Thelma and Louise in their beater car. More ominously, there are no new factions with a grip on reality even beginning to form anywhere in the background — as in the 1850s when the Whigs foundered and the party of Lincoln segued into power.
To see the Democrats go on about “Russian collusion” you would think we were watching a rerun of the John Birch Society in its heyday. Americans who have done business in Russia as private citizens are being persecuted as though they were trading with the enemy in wartime. Newsflash: we are not at war with Russia, which, by the way, is no longer the Soviet Union. It is one of many European countries that Americans are entitled to do business in — even in the case of General Mike Flynn accepting a $20,000 speaking fee from the RT news company. Has anyone noticed that Ben Bernanke routinely takes $200,000-plus speaking fees in many foreign countries whose interests are not identical to ours and no one is persecuting him.
More here.
A most curious feature in the current low state of American politics is the delusional thinking at both ends of the political spectrum. Both factions have gone off the rails mentally, and the parties they represent race toward oblivion like Thelma and Louise in their beater car. More ominously, there are no new factions with a grip on reality even beginning to form anywhere in the background — as in the 1850s when the Whigs foundered and the party of Lincoln segued into power.
To see the Democrats go on about “Russian collusion” you would think we were watching a rerun of the John Birch Society in its heyday. Americans who have done business in Russia as private citizens are being persecuted as though they were trading with the enemy in wartime. Newsflash: we are not at war with Russia, which, by the way, is no longer the Soviet Union. It is one of many European countries that Americans are entitled to do business in — even in the case of General Mike Flynn accepting a $20,000 speaking fee from the RT news company. Has anyone noticed that Ben Bernanke routinely takes $200,000-plus speaking fees in many foreign countries whose interests are not identical to ours and no one is persecuting him.
More here.
Saturday, February 25, 2017
Friday, February 03, 2017
Kunstler:"The Purpose of Decadence and the Pleasures of Coercion."
Kunstler is now blogging twice a week, Fridays in addition to Mondays. Below is his first Friday column.
Kunstler:"The Purpose of Decadence and the Pleasures of Coercion."
I guess you’ve noticed by now that the center didn’t hold. Instead of a secure platform for political premises like tradition, precedent, rationality, and cultural norms, you see a fiery maw of sheer emotion between the camps of the so-called Left and the so-called Right.
I say so-called because the campus Left and the Trump Right have escaped the categorical corrals they formerly occupied. And they may have left their customary official parties stranded and dying too. It may be fatuous to say whether that is a good or bad thing; it just is, for the moment. They are two halves of a polity so broken and so far apart that it is also hard to see how they might ever come back together into a consensus about how a society might operate successfully.
Not having a consensus — some substantial overlap between circles of perspective — it’s not surprising that America can’t construct a coherent view of what is happening, or make a plan for what to do about it. Mainly what’s happening is the running down of fossil fuel based techno-industrial economies, and the main symptom is falling standards of living, with fading prospects for future happiness and security.
As I’ve said before, our economic picture is basically untenable due to the falling energy-return-on-investment of the crucial oil supply (shout-out to Steve St. Angelo). At the high point of 1920s oil production the ratio was around 100-1. The shale oil “miracle” is good for about 5-1. The aggregate of all oil these days is under 30-1. Below that number, you’ve got to shed some activities in our complex economy (or they just get too expensive to support) — things like high-paying labor jobs, medical care, tourism, college, commuting, heating 2500 square foot homes…). Oddly the way it’s actually working out is that America is simply shedding its whole middle class and all its accustomed habits and luxuries. At least that’s how it adds up in effect. Naturally, that produces a lot of bad feeling.
President Trump is unlikely to be able to fix that essential problem, unless he can pilot the whole political-economy into a glide-path leading toward neo-medievalism — what I call the World Made By Hand. Trump’s call for restoring the factory economy of 1962 is a low-percentage prospect. Instead, he’ll be saddled with the collateral damage caused by the dishonest effort of his recent predecessors to borrow from the future to pay for the way we live now — that is, racking up debt. This mighty debt-load, never before seen in history, and the accounting fraud that enables it, has helped produce all kinds of distortions, perversities, and fragilities in our money system (finance and banking) which can easily slip into collapse if a crucial prop fails here or there, and that is exactly what I think will happen under Trump. It will not be his fault, but he’ll get blamed for it. And when it happens, he won’t be able to give his attention to anything but that.
In the meantime, society shows all the symptoms of this literal economic disease in the political and cultural fissures of the day. The political Right failed in its role as prudent conservator of values, resources, and practical custom; the political Left has taken refuge in sentimental fantasy, using the semantic ploys of the graduate school seminars to pretend that reality is whatever they wish it to be. Uncomfortable with the age-old tensions of sexuality? Then pretend that you can opt out of the dynamics of biology by declaring yourself “non-binary,” a term with a pleasing science-y flavor. Tensions gone? Not really. You’ve only made them worse as, for instance, expressed in “non-binary” suicide rates. The perversities of transsexual triumphalism are related directly to the falsehoods of Federal Reserve trans-monetarist triumphalism, and all parties are subject to the matrix of racketeering that has taken the place of plain dealing in goods, money, and ideas in this society — especially ideas grounded in reality.
Societies may not exactly be organisms with intentions, but they move in a particular direction because they are emergent phenomena. That is, they are self-organizing according to the circumstances and forces they are subject to at a certain time and place in history. Decadence is specifically the decay of social and cultural boundaries, a process that is manifestly accelerating now. Both sides of the political spectrum are acting out this dynamic, with the vacuum in the middle sucking vitality out of each side. The Left has become a kind of pagan religion of sacred victims and victimhood, collecting sacred injuries and martyrs. Its dark secret, though, is that these sacred things are only straw-dogs and wicker-men. The real animating motive for the Left these days is simply the pleasure of coercion, of exercising the power to punish their adversaries and watch them suffer.
The Trump Right also enjoys the writhings and sufferings of its adversaries, squashed bug style, as it goes forth in the quixotic battle to bring back 1962 at all costs. Both the Left and the right show not a little sadism in their methods. In the background of these histrionics, the great groaning machine of Modernity lurches toward collapse — not the end-of-the-world as many foolishly imagine, but the end of a phase of history when things that used to work, don’t. At a certain point, we’ll have to try other ways of being with each other on this planet, and then for a while things will come together again.
Kunstler:"The Purpose of Decadence and the Pleasures of Coercion."
I guess you’ve noticed by now that the center didn’t hold. Instead of a secure platform for political premises like tradition, precedent, rationality, and cultural norms, you see a fiery maw of sheer emotion between the camps of the so-called Left and the so-called Right.
I say so-called because the campus Left and the Trump Right have escaped the categorical corrals they formerly occupied. And they may have left their customary official parties stranded and dying too. It may be fatuous to say whether that is a good or bad thing; it just is, for the moment. They are two halves of a polity so broken and so far apart that it is also hard to see how they might ever come back together into a consensus about how a society might operate successfully.
Not having a consensus — some substantial overlap between circles of perspective — it’s not surprising that America can’t construct a coherent view of what is happening, or make a plan for what to do about it. Mainly what’s happening is the running down of fossil fuel based techno-industrial economies, and the main symptom is falling standards of living, with fading prospects for future happiness and security.
As I’ve said before, our economic picture is basically untenable due to the falling energy-return-on-investment of the crucial oil supply (shout-out to Steve St. Angelo). At the high point of 1920s oil production the ratio was around 100-1. The shale oil “miracle” is good for about 5-1. The aggregate of all oil these days is under 30-1. Below that number, you’ve got to shed some activities in our complex economy (or they just get too expensive to support) — things like high-paying labor jobs, medical care, tourism, college, commuting, heating 2500 square foot homes…). Oddly the way it’s actually working out is that America is simply shedding its whole middle class and all its accustomed habits and luxuries. At least that’s how it adds up in effect. Naturally, that produces a lot of bad feeling.
President Trump is unlikely to be able to fix that essential problem, unless he can pilot the whole political-economy into a glide-path leading toward neo-medievalism — what I call the World Made By Hand. Trump’s call for restoring the factory economy of 1962 is a low-percentage prospect. Instead, he’ll be saddled with the collateral damage caused by the dishonest effort of his recent predecessors to borrow from the future to pay for the way we live now — that is, racking up debt. This mighty debt-load, never before seen in history, and the accounting fraud that enables it, has helped produce all kinds of distortions, perversities, and fragilities in our money system (finance and banking) which can easily slip into collapse if a crucial prop fails here or there, and that is exactly what I think will happen under Trump. It will not be his fault, but he’ll get blamed for it. And when it happens, he won’t be able to give his attention to anything but that.
In the meantime, society shows all the symptoms of this literal economic disease in the political and cultural fissures of the day. The political Right failed in its role as prudent conservator of values, resources, and practical custom; the political Left has taken refuge in sentimental fantasy, using the semantic ploys of the graduate school seminars to pretend that reality is whatever they wish it to be. Uncomfortable with the age-old tensions of sexuality? Then pretend that you can opt out of the dynamics of biology by declaring yourself “non-binary,” a term with a pleasing science-y flavor. Tensions gone? Not really. You’ve only made them worse as, for instance, expressed in “non-binary” suicide rates. The perversities of transsexual triumphalism are related directly to the falsehoods of Federal Reserve trans-monetarist triumphalism, and all parties are subject to the matrix of racketeering that has taken the place of plain dealing in goods, money, and ideas in this society — especially ideas grounded in reality.
Societies may not exactly be organisms with intentions, but they move in a particular direction because they are emergent phenomena. That is, they are self-organizing according to the circumstances and forces they are subject to at a certain time and place in history. Decadence is specifically the decay of social and cultural boundaries, a process that is manifestly accelerating now. Both sides of the political spectrum are acting out this dynamic, with the vacuum in the middle sucking vitality out of each side. The Left has become a kind of pagan religion of sacred victims and victimhood, collecting sacred injuries and martyrs. Its dark secret, though, is that these sacred things are only straw-dogs and wicker-men. The real animating motive for the Left these days is simply the pleasure of coercion, of exercising the power to punish their adversaries and watch them suffer.
The Trump Right also enjoys the writhings and sufferings of its adversaries, squashed bug style, as it goes forth in the quixotic battle to bring back 1962 at all costs. Both the Left and the right show not a little sadism in their methods. In the background of these histrionics, the great groaning machine of Modernity lurches toward collapse — not the end-of-the-world as many foolishly imagine, but the end of a phase of history when things that used to work, don’t. At a certain point, we’ll have to try other ways of being with each other on this planet, and then for a while things will come together again.
Sunday, October 02, 2016
And the worst thing about that memory—I cited Baudrillard. Needed it on the CV, tired of getting rejected. It felt like citing Nostradamus.. pic.twitter.com/m5EIjW0M5N
— The War Nerd (@TheWarNerd) September 29, 2016
Monday, April 18, 2016
Kunstler: The Elephant Cometh.
More gnashing of teeth by Kunstler. He's right about the financial schemes and rackets, including the ones in higher education. I added links to the course descriptions so you can read them for yourselves. But the problem with academia is less with niche courses than with administration. For example: This article recounts Burlington College's descent into debt under the leadership of Jane Sanders, Bernie's wife.
Kunstler: The Elephant Cometh.
The elephant’s not even in the room, which is why the 2016 election campaign is such a soap opera. The elephant outside the room is named Discontinuity. That’s perhaps an intimidating word, but it is exactly what the USA is in for. It means that a lot of familiar things come to an end, stop, don’t work the way they are supposed to — beginning, manifestly, with the election process now underway in all its unprecedented bizarreness.
One reason it’s difficult to comprehend discontinuity is because so many operations and institutions of daily life in America have insidiously become rackets, meaning that they are kept going only by dishonest means. If we didn’t lie to ourselves about them, they couldn’t continue.
For instance the automobile racket. Without a solid, solvent middle-class, you can’t sell cars. Americans are used to paying for cars on installment loans. If the middle class is so crippled by prior debt and the disappearance of good-paying jobs that they can’t qualify for car loans, well, the answer is to give them loans anyway, on terms that don’t really pencil out — such as 7-year loans at 0 percent interest for used cars (that will be worth next to nothing long before the loan expires).
This will go on until it can’t, which is what discontinuity is all about. The car companies and the banks (with help from government regulators and political cheerleaders) have created this work-around by treating “sub-prime” car loans the same way they treated sub-prime mortgages: they bundle them into larger packages of bonds called collateralized loan obligations. These, in turn, are sold mainly to big pension fund and insurance companies desperate for “yield” (higher interest) on “safe” investments that ostensibly preserve their principal. The “collateral” amounts to the revenue streams of payments that are sure to stop because the payers are by definition not credit-worthy, meaning it was baked in the cake that they would quit making payments — especially when they go “under water” owing ever more money for junkers that have lost all value.
It’s easy to see how that ends in tears for all concerned parties, but we “buy into it” because there seems to be no other way to a) boost the so-called “consumer” economy and b) keep the matrix of car-dependant suburban sprawl in operation. We took what used to be a fairly sound idea during a now-bygone phase of history, and perverted it to avoid making any difficult but necessary changes in a new phase of history.
Health care is now such a blatant, odious, and ruinous racket that it is a little hard to believe that it hasn’t ignited an outright revolution or, at least, a workplace massacre in some insurance company C-suite. It is a well-known fact that most Americans don’t even have $500 to pay for a car repair. How are they supposed to cope with a $5,000 deductible health insurance incident? Answer: they can’t. Their mental health is destroyed in the process of attempting to fix their physical health. Not uncommonly, they have to declare bankruptcy after a routine appendectomy or a visit to the emergency room to set a broken arm. Sometimes, they don’t even bother to go to the doctor, seeing clearly how this plays out. The pharmaceutical industry has, of course, been allowed to convert itself into a simple extortion racket. Got an unusual kind of cancer? We have something that might help. Oh, it costs $43,000 a month….
What kind of a polity allows this cruel and indecent grift to go on? Why, the Obama administration, which allowed the health insurance company lobbyists and their colleagues in Big Pharma to “craft” the Affordable Care Act — the name of which must be the biggest public lie ever floated.
It’s interesting to see how a parallel fraud is playing out in higher ed. I submit the reason that college presidents are not pushing back against the Maoist coercions of the undergraduate social justice warriors is because the marvelous theater of the gender, race, and “privilege” melodrama is a potent distraction from the sad fact that college has turned into a grotesquely top-heavy and high-paying administrative racket offering boutique courses in fake fields (Dartmouth College: WGSS 65.06 Radical Sexuality: Of Color, Wildness, and Fabulosity… Harvard University: WOMGEN 1424: American Fetish) in order to pander to their young customers (students) conditioned to tragic “oppression” sob stories. All in the service of paying huge salaries + perqs to the dynamic executives running these places.
Then there is banking, a.k.a. the financial system, certainly the greatest racket of rackets, since the fumes it’s running on — combinations of ZIRP, QE, and “forward guidance” (happy talk) — is all that there is to maintain the illusion that “money” remains a reliable gauge of value. Finance is the racket that will go down first and hardest, and when it does, all the other rackets currently running will go up in a vapor. That elephant will storm into the room before the political conventions, and when it does, it will usher in the recognition that nothing can go on as before.
-----------
Kunstler: The Elephant Cometh.
The elephant’s not even in the room, which is why the 2016 election campaign is such a soap opera. The elephant outside the room is named Discontinuity. That’s perhaps an intimidating word, but it is exactly what the USA is in for. It means that a lot of familiar things come to an end, stop, don’t work the way they are supposed to — beginning, manifestly, with the election process now underway in all its unprecedented bizarreness.
One reason it’s difficult to comprehend discontinuity is because so many operations and institutions of daily life in America have insidiously become rackets, meaning that they are kept going only by dishonest means. If we didn’t lie to ourselves about them, they couldn’t continue.
For instance the automobile racket. Without a solid, solvent middle-class, you can’t sell cars. Americans are used to paying for cars on installment loans. If the middle class is so crippled by prior debt and the disappearance of good-paying jobs that they can’t qualify for car loans, well, the answer is to give them loans anyway, on terms that don’t really pencil out — such as 7-year loans at 0 percent interest for used cars (that will be worth next to nothing long before the loan expires).
This will go on until it can’t, which is what discontinuity is all about. The car companies and the banks (with help from government regulators and political cheerleaders) have created this work-around by treating “sub-prime” car loans the same way they treated sub-prime mortgages: they bundle them into larger packages of bonds called collateralized loan obligations. These, in turn, are sold mainly to big pension fund and insurance companies desperate for “yield” (higher interest) on “safe” investments that ostensibly preserve their principal. The “collateral” amounts to the revenue streams of payments that are sure to stop because the payers are by definition not credit-worthy, meaning it was baked in the cake that they would quit making payments — especially when they go “under water” owing ever more money for junkers that have lost all value.
It’s easy to see how that ends in tears for all concerned parties, but we “buy into it” because there seems to be no other way to a) boost the so-called “consumer” economy and b) keep the matrix of car-dependant suburban sprawl in operation. We took what used to be a fairly sound idea during a now-bygone phase of history, and perverted it to avoid making any difficult but necessary changes in a new phase of history.
Health care is now such a blatant, odious, and ruinous racket that it is a little hard to believe that it hasn’t ignited an outright revolution or, at least, a workplace massacre in some insurance company C-suite. It is a well-known fact that most Americans don’t even have $500 to pay for a car repair. How are they supposed to cope with a $5,000 deductible health insurance incident? Answer: they can’t. Their mental health is destroyed in the process of attempting to fix their physical health. Not uncommonly, they have to declare bankruptcy after a routine appendectomy or a visit to the emergency room to set a broken arm. Sometimes, they don’t even bother to go to the doctor, seeing clearly how this plays out. The pharmaceutical industry has, of course, been allowed to convert itself into a simple extortion racket. Got an unusual kind of cancer? We have something that might help. Oh, it costs $43,000 a month….
What kind of a polity allows this cruel and indecent grift to go on? Why, the Obama administration, which allowed the health insurance company lobbyists and their colleagues in Big Pharma to “craft” the Affordable Care Act — the name of which must be the biggest public lie ever floated.
It’s interesting to see how a parallel fraud is playing out in higher ed. I submit the reason that college presidents are not pushing back against the Maoist coercions of the undergraduate social justice warriors is because the marvelous theater of the gender, race, and “privilege” melodrama is a potent distraction from the sad fact that college has turned into a grotesquely top-heavy and high-paying administrative racket offering boutique courses in fake fields (Dartmouth College: WGSS 65.06 Radical Sexuality: Of Color, Wildness, and Fabulosity… Harvard University: WOMGEN 1424: American Fetish) in order to pander to their young customers (students) conditioned to tragic “oppression” sob stories. All in the service of paying huge salaries + perqs to the dynamic executives running these places.
Then there is banking, a.k.a. the financial system, certainly the greatest racket of rackets, since the fumes it’s running on — combinations of ZIRP, QE, and “forward guidance” (happy talk) — is all that there is to maintain the illusion that “money” remains a reliable gauge of value. Finance is the racket that will go down first and hardest, and when it does, all the other rackets currently running will go up in a vapor. That elephant will storm into the room before the political conventions, and when it does, it will usher in the recognition that nothing can go on as before.
-----------
Monday, November 30, 2015
Kunstler: The Story Line Dissolves.
Kunstler: The Story Line Dissolves.
Sometimes societies just go crazy. Japan, 1931, Germany, 1933. China, 1966. Spain 1483, France, 1793, Russia, 1917, Cambodia, 1975, Iran, 1979, Rwanda, 1994, Congo, 1996, to name some. By “crazy” I mean a time when anything goes, especially mass killing. The wheels came off the USA in 1861, and though the organized slaughter developed an overlay of romantic historical mythos — especially after Ken Burns converted it into a TV show — the civilized world to that time had hardly ever seen such an epic orgy of death-dealing.
I doubt that I’m I alone in worrying that America today is losing its collective mind. Our official relations with other countries seem perfectly designed to provoke chaos. The universities have melted into toxic sumps beyond even anti-intellectualism to a realm of hallucination. Demented gunmen mow down total strangers weekly in what looks like a growing competition to end their miserable lives with the highest victim score. The financial engineers have done everything possible to pervert and undermine the operations of markets. The political parties are committing suicide by cluelessness and corruption.
There is no narrative for our behavior toward Russia that makes sense anymore. Our campaign to destabilize Ukraine worked out nicely, didn’t it? And then we acted surprised when Russia reclaimed the traditionally Russian territory of Crimea, with its crucial warm-water naval ports. Who woulda thought? Then we attempted to antagonize them further with economic sanctions. The net effect is that Vladimir Putin ended up looking more rational and sane than any leader in the NATO coalition.
Lately, Russia has filled the vacuum of competence in Syria, cleaning up a mess that America left with its two-decade-long crusade to leave a train of broken governments everywhere in the region. A few weeks back, Mr. Putin made the point before the UN General Assembly that wrecking every national institution in sight among weak and unstable nations was probably not a recipe for world peace. President Obama never did formulate a coherent comeback to that. It’s a little terrifying to realize that the leader of our former arch-adversary is the only figure onstage who can come up with a credible story about what needs to happen there. And his restraint this week following what may have been a US-assisted shoot-down of a Russian bomber by idiots in Turkey is really estimable. It all looks like a feckless slide provoked by our side into World War III, and for what? To make the world safe for the Kardashians?
The uproars on campus before Thanksgiving are more a reflection on the astounding cowardice of college presidents than the foolishness of young minds — which, being not fully formed, are easily susceptible to idealist figments. The adults in charge ought to know better. Princeton President Christopher Eisgruber actually entertained the “demand” to erase Woodrow Wilson’s presence on campus for being an arch-segregationist by a black “social justice league” that at the very same time demanded separate (i.e. segregated) social space for blacks only. How did he reconcile these pleadings in his own mind, I wonder.
President Biddy Martin of Amherst pandered to students protesting against free speech, saying:
“Over the course of several days, a significant number of students have spoken eloquently and movingly about their experiences of racism and prejudice on and off campus. The depth and intensity of their pain and exhaustion are evident. That pain is real. Their expressions of loneliness and sense of invisibility are heartrending. No attempt to minimize or trivialize those feelings will be convincing to those of us who have listened. It is good that our students have seized this opportunity to speak, rather than further internalizing the isolation and lack of caring they have described.”
Bottom line: hurt feelings supposedly cancel free speech. No, that’s exactly the opposite of the meaning of the First Amendment. How can a college president fail to understand that and fail to defend the campus against that sort of Jacobin despotism? The answer is they are hostage to dogmas cooked up by race-and-identity careerists who don’t really care to make distinctions between what is true and what is not true — and that is now the official tone of higher education in America. It’s a short hop from there to not knowing the difference between what is real and what is unreal.
The phenomenon of demented lone gunmen killing strangers and innocents will morph into civil insurrection, especially as the major political parties break apart and the loosed factions set out to settle their old scores by whatever means they can. History knows that violence is infectious and that social inhibitions melt away when the conditions are ripe. Groups give themselves permission to act outside the bounds of normal behavior, and all of a sudden atrocity is the order of the day.
Both Trump and Hillary have the mojo to destroy their respective parties and I think the probability is that they will. Unfortunately, we don’t live under a parliamentary system that recognizes smaller factions as legitimate parties, so we are sure to live through an era of political disorder. What emerges from that could be a very severe polity, since it will be based on the wish to restore order at all costs.
It is likely to get the shove it needs from the implosion of the financial system, which is now running on the fumes of dwindling credit. A false capitalism reigns based on false capital — notional wealth where there is really no wealth; value where there is no value. Moments like this in history beat a path straight to currency collapse, and that will open the door to a greater collapse of all our familiar arrangements.
Surely there is some kind of massive unseen sensory organ in societies that receives the signal that systems are failing. And surely it spooks the individuals who make up those societies so badly that they will believe anything and do anything.
--------------
Last week's Kunstler column, Boundary Problems, was a pungent rant about college, free speech, and the Black Lives Matter movement. I was too busy Thanksgiving week to post it last Monday.
Sometimes societies just go crazy. Japan, 1931, Germany, 1933. China, 1966. Spain 1483, France, 1793, Russia, 1917, Cambodia, 1975, Iran, 1979, Rwanda, 1994, Congo, 1996, to name some. By “crazy” I mean a time when anything goes, especially mass killing. The wheels came off the USA in 1861, and though the organized slaughter developed an overlay of romantic historical mythos — especially after Ken Burns converted it into a TV show — the civilized world to that time had hardly ever seen such an epic orgy of death-dealing.
I doubt that I’m I alone in worrying that America today is losing its collective mind. Our official relations with other countries seem perfectly designed to provoke chaos. The universities have melted into toxic sumps beyond even anti-intellectualism to a realm of hallucination. Demented gunmen mow down total strangers weekly in what looks like a growing competition to end their miserable lives with the highest victim score. The financial engineers have done everything possible to pervert and undermine the operations of markets. The political parties are committing suicide by cluelessness and corruption.
There is no narrative for our behavior toward Russia that makes sense anymore. Our campaign to destabilize Ukraine worked out nicely, didn’t it? And then we acted surprised when Russia reclaimed the traditionally Russian territory of Crimea, with its crucial warm-water naval ports. Who woulda thought? Then we attempted to antagonize them further with economic sanctions. The net effect is that Vladimir Putin ended up looking more rational and sane than any leader in the NATO coalition.
Lately, Russia has filled the vacuum of competence in Syria, cleaning up a mess that America left with its two-decade-long crusade to leave a train of broken governments everywhere in the region. A few weeks back, Mr. Putin made the point before the UN General Assembly that wrecking every national institution in sight among weak and unstable nations was probably not a recipe for world peace. President Obama never did formulate a coherent comeback to that. It’s a little terrifying to realize that the leader of our former arch-adversary is the only figure onstage who can come up with a credible story about what needs to happen there. And his restraint this week following what may have been a US-assisted shoot-down of a Russian bomber by idiots in Turkey is really estimable. It all looks like a feckless slide provoked by our side into World War III, and for what? To make the world safe for the Kardashians?
The uproars on campus before Thanksgiving are more a reflection on the astounding cowardice of college presidents than the foolishness of young minds — which, being not fully formed, are easily susceptible to idealist figments. The adults in charge ought to know better. Princeton President Christopher Eisgruber actually entertained the “demand” to erase Woodrow Wilson’s presence on campus for being an arch-segregationist by a black “social justice league” that at the very same time demanded separate (i.e. segregated) social space for blacks only. How did he reconcile these pleadings in his own mind, I wonder.
President Biddy Martin of Amherst pandered to students protesting against free speech, saying:
“Over the course of several days, a significant number of students have spoken eloquently and movingly about their experiences of racism and prejudice on and off campus. The depth and intensity of their pain and exhaustion are evident. That pain is real. Their expressions of loneliness and sense of invisibility are heartrending. No attempt to minimize or trivialize those feelings will be convincing to those of us who have listened. It is good that our students have seized this opportunity to speak, rather than further internalizing the isolation and lack of caring they have described.”
Bottom line: hurt feelings supposedly cancel free speech. No, that’s exactly the opposite of the meaning of the First Amendment. How can a college president fail to understand that and fail to defend the campus against that sort of Jacobin despotism? The answer is they are hostage to dogmas cooked up by race-and-identity careerists who don’t really care to make distinctions between what is true and what is not true — and that is now the official tone of higher education in America. It’s a short hop from there to not knowing the difference between what is real and what is unreal.
The phenomenon of demented lone gunmen killing strangers and innocents will morph into civil insurrection, especially as the major political parties break apart and the loosed factions set out to settle their old scores by whatever means they can. History knows that violence is infectious and that social inhibitions melt away when the conditions are ripe. Groups give themselves permission to act outside the bounds of normal behavior, and all of a sudden atrocity is the order of the day.
Both Trump and Hillary have the mojo to destroy their respective parties and I think the probability is that they will. Unfortunately, we don’t live under a parliamentary system that recognizes smaller factions as legitimate parties, so we are sure to live through an era of political disorder. What emerges from that could be a very severe polity, since it will be based on the wish to restore order at all costs.
It is likely to get the shove it needs from the implosion of the financial system, which is now running on the fumes of dwindling credit. A false capitalism reigns based on false capital — notional wealth where there is really no wealth; value where there is no value. Moments like this in history beat a path straight to currency collapse, and that will open the door to a greater collapse of all our familiar arrangements.
Surely there is some kind of massive unseen sensory organ in societies that receives the signal that systems are failing. And surely it spooks the individuals who make up those societies so badly that they will believe anything and do anything.
--------------
Last week's Kunstler column, Boundary Problems, was a pungent rant about college, free speech, and the Black Lives Matter movement. I was too busy Thanksgiving week to post it last Monday.
Monday, November 16, 2015
Kunstler: There Are No Safe Spaces.
Kunstler: There Are No Safe Spaces.
I ’m not persuaded that world opinion will ever “make sense” of the Paris attacks. The non-linear rules the day. So-called Fourth Generation Warfare works because there are so many small arms loose in the world and any band of maniacs with a few machine guns and a pound of Semtex plastic explosive can create the equivalent of a war zone in a given locality.
As for the French military, the obvious first move was to bomb the ISIS “stronghold” of Raqqa. But haven’t the US and Russian air forces been doing exactly that for some time now? Either they’ve already bombed the place and everything in it to gravel, or air power is not what it’s cracked up to be — and we have plenty of reason to believe the latter after a decade of selectively pounding jihadists from Afgahnistan to Libya with nothing to show for it except a refugee crisis.
One thing seems assured: hard-line governments are coming soon. Politically, the West had boundary problems that go way beyond the question of national borders to the core psychology of modern liberalism. When is enough of anything enough? And then, what are you really willing to do about it? The answer lately among the Western societies is to do little and do it slowly.
The behavior of college administrators and faculties in the USA these days is emblematic of this cowardly dithering. Intellectual despotism reigns on campus and the university presidents roll over like possums. They don’t have the moral strength to defend free speech as the campus witch-hunts ramp up. The result will be first the intellectual death of their institutions (brain death), and then the actual death of college per se as a plausible route to personal socioeconomic development. The financial racketeering that has infected higher education — the engineering of the gargantuan college loan scam in tandem with the multiplication of “diversity” deanships and tuition inflation — pretty much guarantees an implosion of that system.
The cowardice in the college executive suites is mirrored in our national politics, where no persons of real standing will dare step forward to oppose the juggernaut of Hillary-the-Grifter, or take on the clowning Donald Trump on the grounds of his sheer mental unfittedness to lead a government. In case you haven’t noticed, the center not only isn’t holding, it gave way some time ago. The long emergency is showing signs of morphing into something like civil war. The Maoists on campus apparently want to turn it into race war, too.
So many forces are in motion now and they are all tending toward criticality. The European Union may not survive the reestablishment of boundaries, since it was largely based on the elimination of them. Spain and Portugal are back to breaking down politically again. The Paris bloodbath has discredited Angela Merkel’s plea for “tolerance” — of what is proving to be an intolerable alien invasion. The only political figure on the scene who doesn’t appear to be talking out of his ass is Vlad Putin, who correctly stated at the UN that undermining basic institutions around the world was not a good idea.
None of this is good, either, for a global economy constructed around long, hyper-complex, and fragile chains of obligation, the most critical being global finance and global energy lines. You think the Paris attacks were bad? Just wait until a few maniacs lob some explosives at the giant Ras Tanura oil refinery and shipping terminal on Saudi Arabia’s Persian Gulf coast. Imagine if that happens in the middle of winter, when Europe is freezing. Do you suppose the Big Brains in the Pentagon think about that? The West itself, including America, is a circus of soft targets. The softest ones are between our ears.
I ’m not persuaded that world opinion will ever “make sense” of the Paris attacks. The non-linear rules the day. So-called Fourth Generation Warfare works because there are so many small arms loose in the world and any band of maniacs with a few machine guns and a pound of Semtex plastic explosive can create the equivalent of a war zone in a given locality.
As for the French military, the obvious first move was to bomb the ISIS “stronghold” of Raqqa. But haven’t the US and Russian air forces been doing exactly that for some time now? Either they’ve already bombed the place and everything in it to gravel, or air power is not what it’s cracked up to be — and we have plenty of reason to believe the latter after a decade of selectively pounding jihadists from Afgahnistan to Libya with nothing to show for it except a refugee crisis.
One thing seems assured: hard-line governments are coming soon. Politically, the West had boundary problems that go way beyond the question of national borders to the core psychology of modern liberalism. When is enough of anything enough? And then, what are you really willing to do about it? The answer lately among the Western societies is to do little and do it slowly.
The behavior of college administrators and faculties in the USA these days is emblematic of this cowardly dithering. Intellectual despotism reigns on campus and the university presidents roll over like possums. They don’t have the moral strength to defend free speech as the campus witch-hunts ramp up. The result will be first the intellectual death of their institutions (brain death), and then the actual death of college per se as a plausible route to personal socioeconomic development. The financial racketeering that has infected higher education — the engineering of the gargantuan college loan scam in tandem with the multiplication of “diversity” deanships and tuition inflation — pretty much guarantees an implosion of that system.
The cowardice in the college executive suites is mirrored in our national politics, where no persons of real standing will dare step forward to oppose the juggernaut of Hillary-the-Grifter, or take on the clowning Donald Trump on the grounds of his sheer mental unfittedness to lead a government. In case you haven’t noticed, the center not only isn’t holding, it gave way some time ago. The long emergency is showing signs of morphing into something like civil war. The Maoists on campus apparently want to turn it into race war, too.
So many forces are in motion now and they are all tending toward criticality. The European Union may not survive the reestablishment of boundaries, since it was largely based on the elimination of them. Spain and Portugal are back to breaking down politically again. The Paris bloodbath has discredited Angela Merkel’s plea for “tolerance” — of what is proving to be an intolerable alien invasion. The only political figure on the scene who doesn’t appear to be talking out of his ass is Vlad Putin, who correctly stated at the UN that undermining basic institutions around the world was not a good idea.
None of this is good, either, for a global economy constructed around long, hyper-complex, and fragile chains of obligation, the most critical being global finance and global energy lines. You think the Paris attacks were bad? Just wait until a few maniacs lob some explosives at the giant Ras Tanura oil refinery and shipping terminal on Saudi Arabia’s Persian Gulf coast. Imagine if that happens in the middle of winter, when Europe is freezing. Do you suppose the Big Brains in the Pentagon think about that? The West itself, including America, is a circus of soft targets. The softest ones are between our ears.
Friday, October 16, 2015
News Items About College
Margaret Spellings might become president of the University of North Carolina.
I remember her for this.
Ilind.net: "Incident at University of Hawaii Cited in Harassment Findings Against High-Profile Berkeley Astronomer."
Big news this AM: Margaret Spellings, former @usedgov secretary, appears poised to lead @UNC_System http://t.co/ocTDl6AANB
— Inside Higher Ed (@insidehighered) October 16, 2015I remember her for this.
Ilind.net: "Incident at University of Hawaii Cited in Harassment Findings Against High-Profile Berkeley Astronomer."
Sunday, March 30, 2014
Tough Times for Small Colleges
It was recently announced that BYU-Hawaii would phase out its athletic program within three years.
And the historically black St. Paul's University, which closed last June, is selling its campus on 9 April, in hopes of finding another college to adopt it as an educational institution.
And the historically black St. Paul's University, which closed last June, is selling its campus on 9 April, in hopes of finding another college to adopt it as an educational institution.
Saturday, March 15, 2014
While @jstreetu is silent, conservative FIRE slams the suspension of @NortheasternSJP and chilling of campus speech http://t.co/ZaN5oNYDwV
— Max Blumenthal (@MaxBlumenthal) March 16, 2014Tuesday, January 14, 2014
Saturday, January 04, 2014
Protesting B.D.S. While Divesting From Palestinian Universities
Louis Proyect: "Bard College and the American Studies Vote"
In an apparent breach with two other prestigious universities, Botstein has refused to break ties with Al Quds University in occupied Palestinian territory. Although Syracuse University and Brandeis University are both opposed to boycotting Israeli institutions, they had no problem breaking ties with Al Quds on grounds far less substantial than those that are fueling the BDS movement. Supposedly, a rally by Islamic Jihad on the East Jerusalem campus of Al Quds was punctuated by Nuremberg type Nazi salutes. Without conducting any serious investigation into the matter, Syracuse and Brandeis abandoned Al Quds. Why would Leon Botstein, an ardent supporter of the state of Israel that now puts forward the demand that the Palestinians recognize it as a “Jewish state”, not follow suit? The explanation for that requires understanding the particular place that Bard occupies in the American academy and the pressure that Botstein would be under to maintain the illusion that he is committed to free speech. ...To understand Leon Botstein’s stance in the Al Quds controversy, you have to start with his need to go one step further in reconciling Mammon and God. Bard College has a reputation as being some kind of “progressive” liberal arts institution and cutting ties to Al Quds would be counter-productive from a marketing standpoint. Let’s say you are some successful professional in New York who voted for DiBlasio and subscribes to the Nation Magazine and NPR. Would you want to send your kid to a school that broke with a Palestinian university on the basis of a witch-hunt organized by the Israeli right and its friends in the U.S. like Pamela Geller?
Corey Robin: "When It Comes to the Boycott of Israel, Who Has the Real Double Standard?"
In an apparent breach with two other prestigious universities, Botstein has refused to break ties with Al Quds University in occupied Palestinian territory. Although Syracuse University and Brandeis University are both opposed to boycotting Israeli institutions, they had no problem breaking ties with Al Quds on grounds far less substantial than those that are fueling the BDS movement. Supposedly, a rally by Islamic Jihad on the East Jerusalem campus of Al Quds was punctuated by Nuremberg type Nazi salutes. Without conducting any serious investigation into the matter, Syracuse and Brandeis abandoned Al Quds. Why would Leon Botstein, an ardent supporter of the state of Israel that now puts forward the demand that the Palestinians recognize it as a “Jewish state”, not follow suit? The explanation for that requires understanding the particular place that Bard occupies in the American academy and the pressure that Botstein would be under to maintain the illusion that he is committed to free speech. ...To understand Leon Botstein’s stance in the Al Quds controversy, you have to start with his need to go one step further in reconciling Mammon and God. Bard College has a reputation as being some kind of “progressive” liberal arts institution and cutting ties to Al Quds would be counter-productive from a marketing standpoint. Let’s say you are some successful professional in New York who voted for DiBlasio and subscribes to the Nation Magazine and NPR. Would you want to send your kid to a school that broke with a Palestinian university on the basis of a witch-hunt organized by the Israeli right and its friends in the U.S. like Pamela Geller?
Corey Robin: "When It Comes to the Boycott of Israel, Who Has the Real Double Standard?"
Sunday, December 22, 2013
The American Studies Association Endures a Backlash for Its B.D.S. Resolution
More soon.
Links added as I find them.
Tax-Exempt Status of ASA Challenged Because of Boycott.
http://www.slate.com/articles/life/inside_higher_ed/2013/12/israel_academic_boycott_american_studies_association_joins_the_fight.html
Brandeis Withdraws from ASA.
http://electronicintifada.net/blogs/ali-abunimah/israel-lobby-launches-fierce-counterattack-against-american-studies-association
Max Blumenthal, keeping up with this matter, as always:
Links added as I find them.
My statement on ASA boycott
http://t.co/p78lw3Z50p
— Alison Byerly (@alisonbyerly) December 29, 2013@MaxBlumenthal @AliAbunimah Univ. of Ind. Pres. bypasses Dept. of Am. Studies and withdraws ASA membership. http://t.co/HYmzMUDY3j
— Kirk K. (@Kirk__K) December 23, 2013Tax-Exempt Status of ASA Challenged Because of Boycott.
http://www.slate.com/articles/life/inside_higher_ed/2013/12/israel_academic_boycott_american_studies_association_joins_the_fight.html
Brandeis Withdraws from ASA.
http://electronicintifada.net/blogs/ali-abunimah/israel-lobby-launches-fierce-counterattack-against-american-studies-association
Max Blumenthal, keeping up with this matter, as always:
@DianaValerie @ThaddeusRussell academic institutions in US are in deep with Israel, not North Korea or Zimbabwe or Syria.
— Max Blumenthal (@MaxBlumenthal) December 22, 2013Saturday, October 05, 2013
Support Athletics? No Thanks.
Support Vulcan Athletics. #UHH #Hilo #Vulcans #Athletics @ University of Hawaii at Hilo http://t.co/ZeBCDtoM0l
— Akolea (@akolea) September 13, 2013
I don't donate to athletic programs because they all have dedicated boosters. But what about the library? Or the humanities department? These and other college departments aren't as flashy so they don't get the big money sports programs do.
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